FB Financial Corporation – Consensus indicates potential rise of 4.2%

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FB Financial Company found using the ticker (FBK) now have 7 analysts covering the stock with the consensus suggesting a rating of “Buy”. The target price varies between 48 and 40 by calculating the average target price that we see 45.57. With the stock’s previous close at 43.73, this indicates that there is a potential upside of 4.2%. The 50-day moving average now stands at 41.09 while the 200-day moving average stands at 41.01. The company has a market capitalization of $ 2,039 million. Company website: http://www.firstbankonline.com

FB Financial Corporation operates as a banking holding company for FirstBank which provides a range of commercial and consumer banking services to businesses, professionals and individuals. The company operates in two segments, banking and mortgage. It provides demand, negotiable withdrawal order, money market, and municipal and savings accounts; and term deposits and certificates of deposit. The company also offers construction loans for owner-occupied and non-owner-occupied real estate, residential real estate loans for 1 to 4 families, multi-family residences, commercial construction, land acquisition and development. land; residential lines of credit; and consumer and other loans, such as loans for cars, boats and other recreational vehicles, as well as manufactured homes without real estate and personal lines of credit. In addition, the company provides mortgage banking services through its branch bank networks in the Southeastern United States; an Internet broadcast channel; and trust, insurance and investment services, as well as online and mobile banking. As of December 31, 2020, it operated 81 full-service bank branches and 9 limited-service branches in Tennessee, northern Alabama, southern Kentucky and northern Georgia; and 23 mortgage offices throughout the Southeastern United States. The company was previously known as First South Bancorp and changed its name to FB Financial Corporation in 2016. FB Financial Corporation was founded in 1906 and is headquartered in Nashville, Tennessee.

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